Uncertainty Looms Overhead Wall Street

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map as uncertainty looms overhead Wall Street. Stocks in heat map are based on the top 10 holdings of each sector ETF. Click on each picture to zoom in. Below is a summary of today’s action on Wall Street provided by CNBC:

Stocks tried to rebound from a deep sell-off after President Donald Trump said in a tweet that China is coming this week to make a deal. The Dow Jones Industrial Average gained about 90 points on Wednesday following a 470-point loss in the previous session, while the S&P 500 traded 0.33% higher and the Nasdaq Composite gained 0.32%.

The S&P 500 (SPY) lost 0.16% today. Sector decliners led advancers 7 to 4 as shown below in the sector graph. Utilities (XLU) led decliners down with a loss of 1.37%. Communication services (XLC), consumer staples (XLP), financials (XLF), materials (XLB) and technology (XLK) each had minor losses of less than 1%. Consumer discretionary (XLY), energy (XLE), healthcare (XLV), industrials (XLI) and real estate (XLRE) each had small gains of less than 1%.

About the authorTim Link

My goal is to provide a blog that consolidates stock market information for the average investor from at least five credible sources including stock reviews, analysis, financial news and market trends by sector.